Market revenue in 2022 | USD 449.5 million |
Market revenue in 2030 | USD 1,181.5 million |
Growth rate | 12.8% (CAGR from 2022 to 2030) |
Largest segment | Vitamins & minerals |
Fastest growing segment | Choline |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anthocyanins, Choline, Resveratrol, Ashwagandha, Ginkgo Biloba, Omega 3, Vitamins & Minerals, L-theanine, Curcumin |
Key market players worldwide | WK Kellogg Co, Rage Coffee, Brain Bar, Cerebelly, Clutch Nutrition, Ingenuity Brands, Koios Beverage Corp., Memore, BrainMD |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brain health functional food and beverage market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 10.06% in 2022. Horizon Databook has segmented the ANZ brain health functional food and beverage market based on anthocyanins, choline, resveratrol, ashwagandha, ginkgo biloba, omega 3, vitamins & minerals, l-theanine, curcumin covering the revenue growth of each sub-segment from 2017 to 2030.
The brain health functional food and beverages industry in Australia and New Zealand has experienced strong growth in recent years due to changing health and lifestyle needs among consumers, particularly after the COVID-19 pandemic to maintain overall health and immunity.
Additionally, marketing campaigns sponsored by food authorities that promote healthy eating and the importance of functional food and beverages through mainstream media such as radio, print, and the internet are contributing to the growth of the brain health functional food and beverages market in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the ANZ brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into ANZ brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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